Should Rural Communities Fear Bank Deregulation?

Daniel L. Milkove and Patrick J. Sullivan

Rural America/ Rural Development Perspectives, 1989, vol. 05, issue 2

Abstract: Some thought bank deregulation would lead to a "rural takeover" as urban banks drained funds out of rural areas. Instead, in rural areas lucky enough to be served by both urban and local banks, credit and other financial services may be more readily available than before, urban banks, by drawing on their urban funding base, can better withstand reverses in the local economy. Customers have a wider choice of banks to patronize.

Keywords: Agricultural Finance; Community/Rural/Urban Development (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:310566

DOI: 10.22004/ag.econ.310566

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